Affirm looks to raise $1.5B, US Bank dials back growth forecasts, Trade credit burden hits half of US SMEs

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September 13, 2019

Consumer-Centric Authentication Study™

Report: Consumers Drive Demand For Banking App Controls

Consumers want to take the fight against digital fraud into their own hands, with nine in 10 wanting digital banking apps that give them transaction-specific authentication controls. But are banking apps meeting consumers’ demand for control? In the Consumer-Centric Authentication study, PYMNTS surveyed 2,835 American consumers to find out.

 

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Loan Fraud

Cracking Loan Fraud’s ‘Blind Eye’ Problem

The demand for instant credit decisions — whether online or at the auto dealer when trying to close a deal — has surfaced yet another source of fraud: falsifying income on loan apps. There, Tim Grace, CEO at PointPredictive and Frank McKenna, the company’s chief fraud strategist, tell Karen Webster that new models and APIs make it easier to flag those discrepancies while making the approval process more efficient.

 

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"How To AI" Series

How To AI: Cognitive Sourcing Meets The Supply Chain

Supply chains are dynamic but nearly impossible to manage when static paper-based processes represent a huge part of how data is transmitted. LevaData CEO Rajesh Kalidindi and Resilinc CEO Bindiya Vakil, tell PYMNTS that AI can make the procurement process smarter and payments flows more predictable and transparent.

 

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Automotive Subscriptions

Ford Drops Vehicle Subscriptions, As The Space Accelerates

Startup Fair is buying Ford’s subscription operation — which can be seen as both a retrenchment for a major player and an aggressive growth move by an upstart. So, What’s next for the automotive subscription business?

 

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SMB Receivables Gap Playbook™

Report: Trade Credit’s Burden Hits 50 Pct Of US SMB’s

More than half of SMBs say that the age-old practice of extending credit to their buyers is a resource drain, particularly for those firms with thin profit margins. In PYMNTS’ latest SMB Receivables Gap Playbook, more than 1,000 businesses share the challenges trade credit imposes — and their thoughts on what could ease the pain.

 

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What's Hot


WeWork Picks Nasdaq, Mulls Governance Changes To Save IPO


FTC Defining Its Authority To Govern Big Tech


Affirm Looks To Raise $1.5B On $3B Valuation


Mastercard Track Expands Focus To Faster B2B Payments, Data Collection


US Bank Dials Back Growth Forecasts


Amazon To ‘Outsource’ Alexa Responses To Users


Apple Card Users To Get 3 Pct Cash Back At Walgreens


New Netherlands Regs Could Ban Foreign Crypto Firms


Aspiration Bank To Give Cash Back For Socially Responsible Shopping


Bitcoin Daily: Russia’s Sberbank Uses Blockchain To Make $15M Buy; tZERO Teams With Blockchain Financing Firm


Best Of Yesterday 


Trending: How Merchants Are Prepping For SCA’s Looming Deadline


Neutralizing The Clash Of The B2B Buyer And Supplier Titans


As The Wind Blows, The Shift From Paper To P2P Payments Builds


 

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